It was the biggest single-day point drop in history, with the Dow plummeting nearly 1,200 points. As reported by Business Insider, selling, which began on Friday, was prompted by computer-driven trading and margin calls on investors who had bought stocks with debt. U.S. stocks are trying to recover, but not without see-sawing between gains and losses.

It’s hard to tell from the past three days what this all means long-term, but retirement-age people may be most affected by this change in the market. To find out more, Larry speaks to a panel of financial insiders for the latest on the ups and downs of the market, and how Californians may be affected by those gains and losses.